Berkshire Hathaway Stock Trades at Record Levels. CEO Greg Abel Clearly Sees More Room to Run.

Impact · against what's priced in

The news is largely non-catalytic for Berkshire Hathaway as the operating profit dip and aggressive buybacks were already factored into the current record valuations. For Nvidia, the mentioned rotation away from AI stocks confirms the market's current reluctance to pay for its most aggressive growth targets.

NVDA−0.10

Already priced in

The price assumes

the market has heard the bull case for surging AI demand but is refusing to pay for it